Washington Electronic Data Interchange Trading Partner Agreement

State:
Multi-State
Control #:
US-12678BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a detailed Model Electronic Data Interchange Trading Partner Agreement docuent. It is for use in the computer, internet and/or sotware industries.
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FAQ

An EDI trading partner is simply another company that you exchange documents with. Most OEMs will have a large network of trading partners which are sometimes referred to as 'Trading Communities'.

A trading partnership is an alternative if at least two natural persons or legal entities wish to start a business together. There is no requirement to invest capital, although the partners are personally, jointly and severally liable for the company's debts.

Trading Partner Agreement means an agreement in a form of contract related to the exchange of EDI information in electronic transactions. Trading Partner Agreement may include various terms of EDI exchange, such as duties, responsibilities, liabilities.

A trading partnership is an alternative if at least two natural persons or legal entities wish to start a business together. There is no requirement to invest capital, although the partners are personally, jointly and severally liable for the company's debts.

A trading partner agreement is an agreement drawn up by two parties that have agreed to trade certain items or information. The agreement outlines the terms of the trade or trading process, including responsibilities, who's involved, how goods or information will be delivered and received, and duties or fees.

Trading Partner An entity which sends and/or receives electronic health care transactions to/from EDISS. (i.e.: provider, billing group, billing service, clearinghouse or payer.)

A TPA is not required by HIPAA, but the ASC Insurance Subcommittee that was charged with developing the Implementation Guides for EDI transactions strongly recommends that trading partners have binding agreements to provide security and assurance in the transfer of electronic information (See Section 1.1.

With EDI, your company can exchange documents electronically with your trading partners. Instead of sending a document to a person who has to enter data, e.g., in an ERP system manually, you can send the document directly to the recipient's system, where the data is automatically registered.

25cf HIPAA Section § 160.103. Definitions of the final privacy rule. includes this definition: Trading partner agreement means an. agreement related to the exchange of information in electronic transactions, whether the agreement is distinct or part of a larger agreement, between each party to the agreement.

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Washington Electronic Data Interchange Trading Partner Agreement